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Category Archives: UPL

A Complete Reversal Of Yesterday! SPX, Nasdaq, SLB, HAL, APA, UPL, EOG, WLT, CLF, PCX, BTU, CME, ICE, RIG, BP, SNDK, FFIV, CREE, AKAM

This morning, the latest home sales data came in better than expected.  Stocks saw strength right from the start.  Energy stocks bounced:  SLB +8.81%, HAL +11.96%, APA +4.24%, UPL +10.34%, EOG +6.86%.  Coal stocks also attracted buyers back in:  WLT +6.13%, CLF +5.95%, PCX +8.95%, BTU +7.65%.  The exchanges were very strong as well.  Both [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLE, XME, ACI, PCX, ANR, BTU, WLT, CLF, APA, OXY, HES, UPL, DVN, BHI, SLB, NOV

Last weekend, in my Market Forecast, I said: "For the new week, things get a bit tricky.  While earnings are still expected to be strong, the anxiety over possible financial reforms can cast a shadow on the market, especially over the financial sector…  I think we’ll see some follow-through weakness on Monday.  In general, I’d [...]

Commodity Sectors Bounce, Again! SPX, Nasdaq, WLT, CLF, MEE, ANR, PCX, AAPL, CYD, UPL, OXY, HES

The market was strong today, helped in a big way by the commodity sectors, as the dollar slid.  Miners took control again.  Coal stocks were especially strong, again:  WLT +3.12%, CLF +2.23%, MEE +7% (!!), ANR +3.54$, PCX +5.16%.  MEE closed above $54 at a new 52-week high.  I think it is going higher and [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, XLE, FXI, APA, HES, UPL, CEO, PTR, SNP, LFC, FMCN, BIDU

Last weekend, in my Market Forecast, I wrote: "For the new week, the passage of the historic health bill may inspire more profit-taking, as now, there are more uncertainties.  Besides what affect the new health legislation will have on the health care and insurance industry, some analysts are also paying more attention to the on-going discussions on financial [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, XLE, MA, V, ICE, CME, STT, PNC, BLK

Last weekend, in my Market Forecast, I wrote: "For the new week, we’ll pay attention to the GDP and retail reports on Tuesday.  Nasdaq looks really strong.  Its daily upper BB has opened up.  Normally, I’d say that Nasdaq is setting up for a breakout.  But, with this "undecided" market environment, we’ll have to wait [...]

Energy Stocks Continue To Soar! SPX, Nasdaq, UPL, APA, WLT, TSL, STP, FSLR, SPWRA, OIH, RIG

The market was jittery ahead of the FOMC meeting tomorrow.  However, energy stocks still attracted buyers.  Last night, we visited many of these gainers.  Today, most of them continued to rise higher:  UPL +3.51%, APA +0.61%, WLT +1.77%.  Solar stocks were especially strong: TSL +4.29%, SPWRA +4.01%, STP +2.46%, FSLR +0.25%. FSLR barely ended in the [...]

Energy Stocks Jump On Merger! SPX, Nasdaq, XOM, XTO, APA, DVN, UPL, ECA, CSIQ, TSL, SOLF, LDK, C, WFC, V, MA, COF, BAC, C, WFC

Last night, Dubai received a $10 billion bailout from Abu Dhabi.  This morning, XOM announced a $31 billion deal to buy XTO, sending XTO stock up more than +15%!  Other stocks in the energy sector jumped as well:  APA +4.09%, DVN +4.55%, UPL +3.78%, ECA +4.99%.  Besides natural gas companies, solar stocks were also up:  [...]

Market Ends Up In Volatile Trading: SPX, Nasdaq, DO, RIG, NOV, SLB, DVN, HES, UPL, APA

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was strong in the morning, but, soon faded into the red.  However, in the last hour, the market bounced and was able to close in the green.  Energy and oil stocks were strong today: DO +14.51%; RIG +4.27%; NOV +9.4%; SLB +4.62%; DVN [...]

Swinging Markets End Higher! SPX, Nasdaq, SPWRA, FSLR, STP, ENER, HES, DVN, APA, UPL, BTU, GOOG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Yesterday, in my evening post, I commented,“In one day, VIX went from 55 to almost 70!  The downward momentum will likely continue tomorrow, at least in the morning… With VIX still at record highs, it will undoubtedly be another crazy day!” Indeed, it was another crazy [...]

Market Bounces… At Least For Today! SPX, Nasdaq, CNX, MEE, ACI, BTU, DVN, HES, UPL, HK, IMCL, DNA, GENZ, AMGN, CELG

from MyHappyTrading.com (FREE Membership) by HappyTrading! ™ So, the market bounced today!  Last night, in my evening post, I said, “Although most sectors still look weak, we should see some bounces tomorrow.  Some of these commodity-related stocks have really taken a beating, and, could get some near-term bounces.” Metals, coals, energy stocks, fertilizers were all up [...]